(Bloomberg) -- Copper futures rose to a two-week
high in New York as planned strikes in Chile and Peru threatened
to disrupt supplies.
Contract workers at Chile's Codelco, the world's largest
copper producer, may strike tomorrow to seek higher pay, and
three unions at Southern Copper Corp.'s Peruvian operations plan
to walk out June 23. Demand for copper exceeded production by
176,000 metric tons in the first four months of the year, the
World Bureau of Metal Statistics said today.
Read more at Bloomberg Commodities News
high in New York as planned strikes in Chile and Peru threatened
to disrupt supplies.
Contract workers at Chile's Codelco, the world's largest
copper producer, may strike tomorrow to seek higher pay, and
three unions at Southern Copper Corp.'s Peruvian operations plan
to walk out June 23. Demand for copper exceeded production by
176,000 metric tons in the first four months of the year, the
World Bureau of Metal Statistics said today.
Read more at Bloomberg Commodities News
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